Talks over China-Panama Free Trade Agreement Lead to Latin America Trading Hub

Panama and China launched free trade talks on July 9 with the aim of developing an agreement to turn the Central American country into the center for Chinese goods across Latin America. It is...

China’s Secondary Aluminum Demand to Boost

China's infrastructure investment has grew 20% year-on-year to 12.67 trillion yuan for the first 11 months of this year, according to the latest data from the National Bureau of Statistics. The increased infrastructure investment...

Foxconn Eyes Semiconductor Sector

The Taiwan-based Foxconn Tech Group is ramping up its investment for engagement in semiconductor and chip-making sector, in an effort to reduce dependence on smartphone manufacturing and expand its portfolio as the development of...

Microsoft to Ramp up Efforts in AI Push

American tech giant Microsoft is planning on boosting its push in deepening AI in China through cooperation with healthcare players and empowering them with algorithms that are needed in the detection and prevention of...

China Issues Tariff Modification Plan for 2018

China will start imposing modified duties on a list of import and export items from next year, the country's Ministry of Finance said last Friday. According to an online statement from the ministry’s official website,...

Traditional Foreign Trade Market Falls into Decline and Cross-Border E-commerce Drives its Development

Recent years, the foreign trade market is lethargic. According to the data released by related government department, the negative growth of export business in the United States has remained for two years. In reality,...

China Has Become the Second Largest Trading Partner of Latin America

Since the beginning of the 21st century, China-Latin America economic and trade relations have continued to develop steadily. Latin America has become one of the most dynamic regions in China's trade cooperation. China's Ministry...

China Strives for More Pricing Power Over Oil

China launched last Monday trading of the yuan-priced crude oil futures contracts at the Shanghai International Energy Exchange (INE), taking its first steps towards paying for imported crude oil in yuan instead of the US...

China-Pakistan Economic Corridor

CPEC stands for China Pakistan Economic Corridor and its main benefit is that it interconnects multiple regions such as Pakistan, India, Afghanistan, and Iran. Not only will it improve inter-country dependency and connectivity, it...

China’s Payment Apps, the Nightmares of U.S. Bankers

Many Americans traveling to China will find something unusual: in restaurants, shops and markets, when they are ready to pay, people will take out mobile phones instead of credit cards. Nowadays, the Chinese people...

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EU and Japan Sign Free Trade Agreement

The European Union(EU) and Japan signed an agreement on tariff reduction on Tuesday. According to the deal, 99 percent of the tariffs on Japanese...